Mako MiningMAKO -5.70%74 Interest Coverage is 285.63 as of Mar. 2026, which is 433% above its 10-year median of 53.62. GuruFocus rates MAKO with a GF Score™ of 74/100 and a GF Value™ of $5.33 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,318 Metals & Mining companies, Mako Mining ranks worse than 65.63% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Mako Mining's
Operating Income
for the
three
months ended in Mar. 2026 was $34.3 Mil. Mako Mining's Interest Expense for the
three
months ended in Mar. 2026 was $-0.1 Mil.
Mako Mining's interest coverage for the quarter that ended in Mar. 2026 was 285.63.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Mako Mining Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Mako Mining's Interest Coverage or its related term are showing as below:
MAKO'
s Interest Coverage Range Over the Past 10 Years
Min: 0.09 Med: 53.62 Max: No Debt
Current: 82.67
MAKO's Interest Coverage is ranked worse than 65.63% of 1318
companies
in the Metals & Mining industry
Industry Median: No Debt
vs MAKO: 82.67
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Mako Mining Interest Coverage Related Terms
Mako Mining Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mako Mining's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Gold subindustry, Mako Mining's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mako Mining Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mako Mining's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mako Mining's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mako Mining (MAKO) has a Interest Coverage of 285.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mako Mining and its competitors. This is 433% above median its historical median of 53.62. Over the past decade, Mako Mining's Interest Coverage has ranged from 0.09 to 10,000.00. According to the industry distribution chart, Mako Mining ranks #865 out of 1318 companies in the Metals & Mining industry, placing it in the top 65.6%.
Is Mako Mining's Interest Coverage too high?
Mako Mining's current Interest Coverage of 285.63 is 433% above median its 10-year median of 53.62. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 10,000.00. The Metals & Mining industry median Interest Coverage is 10,000.00. Mako Mining's value of 285.63 is 97.1% below this industry median. Based on the distribution chart, Mako Mining ranks #865 out of 1318 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mako Mining has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Interest Coverage compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #865 out of 1318 companies for Interest Coverage. This places Mako Mining in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Mako Mining's value of 285.63 is 97.1% below this benchmark. Historically, Mako Mining's own Interest Coverage has ranged from 0.09 to 10,000.00 over the past decade. While the company's 10-year median is 53.62 vs. the industry median of 10,000.00, Mako Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mako Mining's current Interest Coverage of 285.63 is 97.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mako Mining and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mako Mining's current Interest Coverage is 285.63, which is 433% above median its own 10-year median of 53.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (MAKO) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.33, compared to a current price of $7.27 — trading 36.4% above its estimated fair value. The current Interest Coverage is 285.63, which is 433% above median its 10-year median of 53.62 and 97.1% below the Metals & Mining industry median of 10,000.00. Mako Mining's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mako Mining (MAKO), the current Interest Coverage is 285.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mako Mining (MAKO) Overvalued in 2026?
Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued.
The current stock price of $7.27 is trading 36.4% above its estimated GF Value™ of $5.33.
GuruFocus considers Mako Mining to be Significantly Overvalued.
Key valuation signals for MAKO:
Interest Coverage: 285.63 (433% above median its 10-year median of 53.62)
GF Value™: $5.33 vs. price of $7.27 (36.4% above fair value)
Industry Position: 97.1% below the Metals & Mining median (#865 of 1318)
No single metric tells the full story. See the MAKO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
74GF Score
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